Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 178,939 FS KKR Capital Corp. (NYSE:FSK)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 178,939 shares of the company's stock, valued at approximately $3,887,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of FS KKR Capital at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Inspire Advisors LLC raised its holdings in FS KKR Capital by 28.6% during the 4th quarter. Inspire Advisors LLC now owns 109,919 shares of the company's stock worth $2,387,000 after purchasing an additional 24,443 shares during the last quarter. Proactive Wealth Strategies LLC raised its stake in FS KKR Capital by 24.8% during the fourth quarter. Proactive Wealth Strategies LLC now owns 64,966 shares of the company's stock worth $1,411,000 after buying an additional 12,926 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in FS KKR Capital by 15.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 205,935 shares of the company's stock valued at $4,473,000 after acquiring an additional 27,110 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in FS KKR Capital during the 4th quarter worth about $348,000. Finally, Ascent Capital Management LLC bought a new position in shares of FS KKR Capital in the 4th quarter worth about $470,000. 36.26% of the stock is owned by institutional investors and hedge funds.

FS KKR Capital Stock Up 0.6%

NYSE:FSK traded up $0.13 during trading hours on Tuesday, hitting $21.22. 825,630 shares of the company traded hands, compared to its average volume of 1,468,871. FS KKR Capital Corp. has a one year low of $17.42 and a one year high of $24.10. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. The company has a market cap of $5.94 billion, a PE ratio of 11.28 and a beta of 0.98. The firm's 50-day simple moving average is $20.14 and its 200-day simple moving average is $21.44.

FS KKR Capital (NYSE:FSK - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.01. The business had revenue of $400.00 million for the quarter, compared to analyst estimates of $395.22 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. FS KKR Capital's quarterly revenue was down 7.8% compared to the same quarter last year. During the same period last year, the company posted $0.62 earnings per share. Equities analysts predict that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Wednesday, June 18th will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 12.07%. The ex-dividend date of this dividend is Wednesday, June 18th. FS KKR Capital's dividend payout ratio is currently 134.74%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on FSK shares. Oppenheimer decreased their target price on FS KKR Capital from $22.00 to $21.00 and set a "market perform" rating for the company in a research note on Friday, May 9th. B. Riley began coverage on shares of FS KKR Capital in a research report on Tuesday, May 13th. They set a "neutral" rating and a $19.00 price objective for the company. Wells Fargo & Company dropped their target price on shares of FS KKR Capital from $19.00 to $18.00 and set an "underweight" rating on the stock in a research report on Monday, April 28th. JPMorgan Chase & Co. reduced their price target on shares of FS KKR Capital from $22.00 to $19.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Finally, Royal Bank of Canada cut their price target on FS KKR Capital from $22.00 to $21.00 and set a "sector perform" rating on the stock in a report on Thursday, May 15th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat, FS KKR Capital has a consensus rating of "Hold" and an average target price of $19.50.

About FS KKR Capital

FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S.